Strategic Metals Ltd. (TSX-V: SMD) | Stock News Now
SNNLive spoke with Doug Eaton, President and CEO of Strategic Metals Ltd. (TSX-V: SMD) at the New Orleans Investment Conference 2016.
For more information about Strategic Metals Ltd., please visit: http://strategicmetalsltd.com/
The interview may contain forward looking statements about Strategic Metals Ltd. See Strategic Metals’ periodic filings with SEDAR for more complete information.
About Strategic Metals Ltd.
Strategic Metals Ltd. is a project generator at a very-large scale and currently has interests in more than 130 properties assembled by an accomplished exploration team utilizing a proprietary database. Through project farm-outs, investments, and royalty sales, the Company has grown its cash and shareholdings to more than million.
Strategic’s large portfolio of marketable securities provides upside exposure to several large exploration projects. Major shareholdings include:
8.3% interest in ATAC Resources Ltd., which is developing Canada’s only Carlin-type gold district at its Rackla Gold Project in east-central Yukon;
41.4% interest in Rockhaven Resources Ltd., which is advancing one of the highest grade gold deposits ever discovered in Yukon towards production;
33.4% interest in Precipitate Gold Corp., which is advancing their flagship Juan de Herrera project located within the emerging Tireo Gold Camp in the Dominican Republic; and
16.5% interest in Silver Range Resources Ltd., which currently owns 4 highly prospective zinc-lead±silver projects in Yukon Territory and several high grade gold projects located in NWT, Nunavut and Nevada.
Strategic conducts ongoing research and exploration to maintain a portfolio of high quality exploration projects that span a wide range of commodities and deposit types. The Company seeks partners to advance its projects, a number of which are permitted for large-scale drilling and meet the requirements of a qualifying listing property. In 2016, Strategic completed 3000 metres of diamond drilling at four 100% owned high grade gold projects. Results will be released once assays are received and interpreted.
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